Cryptocurrency-pwoered Brave browser now has over 3 million active users per month.

It's on track to hit 5 million this year, but is set to face competition from Opera.

The cryptocurrency-powered Brave browser, founded by JavaScript creator and Mozilla co-founder Brendan Eich, has recently passed the 3 million monthly active user mark, and is reportedly growing at a pace that will see it hit 5 million users before the end of this year.

According to a recently published blog post, the browser is also one of the top 10 apps on Android’s Google Play store on the “free communication apps” category. It achieved this rank in 21 countries, including the US, Canada, Argentina, Portugal, Spain, and South Korea.

Notably, the Brave browser has over 18,000 verified publishers accepting its Basic Attention Token (BAT), out of which 4,500 are websites and 13,500 are YouTubers. The token was launched last year through an initial coin offering (ICO) that raised $35 million and lasted little over 30 seconds, as investors paid exorbitant fees to get their transactions through.

It’s also running a referral program to increase its userbase. The post reads:

Refer your audience to Brave and earn $5 per referral to further support your content. If you have 100,000 followers and 1% of them switch to Brave, that could mean $5,000 in your account!

Brave

Brave’s BAT token may be listed by popular San Francisco-based cryptocurrency exchange Coinbase, along with a few others. The exchange has revealed it’s “considering adding” several tokens, but noted this doesn’t mean it will.